Organization which receives a substantial part of its support from a governmental unit or the general public

Organization

Corporation

Exempt Organization Status

Unconditional Exemption

Tax Period

12/2013

Assets

$100,000 to $499,999

Income

$100,000 to $499,999

Filing Requirement

990 (all other) or 990EZ return

Asset Amount

$403,960

Amount of Income

$149,040

Form 990 Revenue Amount

$115,091

National Taxonomy of Exempt Entities (NTEE)

Diseases, Disorders, Medical Disciplines: Neurology, Neuroscience

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Amount of income in 2013: $149,040 (it was $172,014 in 2012)

Hemispherectomy Angels Inc:

$149,040

Other organizations performing similar types of work:

$146,878

Assets in 2013: $403,960 (it was $324,642 in 2012)

This organization:

$403,960

Other organizations performing similar types of work:

$69,233

Expenses in 2013: $35,516

This organization:

$35,516

Other organizations performing similar types of work:

$114,753

Income to expenses ratio in 2013: 4.2

This organization:

4.2

Other organizations performing similar types of work:

1.1

Grants share in income in 2013: 55.0%

Hemispherectomy Angels Inc:

55.0%

Other organizations performing similar types of work:

70.9%

Financial snapshot ($)

Revenue for 2013

Support schedule

Revenue, Expenses, and Changes in Net Assets or Fund Balances

2011

2012

2013

Total revenue

$154,249

$146,803

$115,091

Contributions, gifts, grants, and similar amounts received

$72,818

$90,484

$63,272

Program service revenue including government fees and contracts

$44,201

$25,116

$11,100

Membership dues and assessments

$0

$0

$0

Investment income

$2,680

$3,229

$2,184

Gain/Loss from sale of assets other than inventory

$0

$0

$0

Net income/loss from gaming and fundraising events

$31,007

$27,974

$38,535

Gross income from gaming

$0

$0

$0

Gross income from fundraising events

$43,012

$53,185

$72,484

Less: direct expenses from gaming and fundraising events

$12,005

$25,211

$33,949

Gross profit/loss from sales of inventory

$3,543

$0

$0

Other revenue

$0

$0

$0

Total expenses

$94,203

$67,886

$35,516

Total net assets

$245,726

$324,642

$403,960

Excess/Deficit for the year

$60,046

$78,917

$79,575

Net assets or fund balances at beginning of year

$185,680

$245,725

$324,643

Other changes in net assets or fund balances

$0

$0

$-258

Net assets or fund balances at end of year

$324,642

$403,960

Balance Sheets

2011

2012

2013

Total assets

$245,726

$324,642

$403,960

Total liabilities

$0

$0

$0

Net assets or fund balances

$245,726

$324,642

$403,960

Other Information

2011

2012

2013

Did the organization engage in any significant activity not previously reported to the IRS?

No

No

Were any significant changes made to the organizing or governing documents?

No

No

Did the organization have unrelated business gross income of $1,000 or more during the year from business activities

No

No

No

Has the organization filed a Form 990-T for the year?

No

No

Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year?

No

No

Amount of political expenditures, direct or indirect

$0

$0

Did the organization file Form 1120-POL for this year?

No

No

Did the organization borrow from, or make any loans to, any officer, director, trustee, or key employee or were any such loans made in a prior year and still outstanding at the end of the tax year covered by this return?

No

No

Total amount involved

$0

$0

Initiation fees and capital contributions

$0

$0

$0

Gross receipts for public use of club facilities

$0

$0

$0

Did the organization engage in any section 4958 excess benefit transaction during the year, or did it engage in an excess benefit transaction in a prior year that has not been reported on any of its prior Forms 990 or 990-EZ?

No

No

At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?

No

No

Reason for Public Charity Status (for 2013)

The organization is not a private foundation because it is:

An organization that normally receives a substantial part of its support from a governmental unit or from the general public described in section 170(b)(1)(A)(vi)

Number of organizations supported

0

Sum of amounts of support

$0

Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi) (for 2009 - 2013)

2009 - 2013 Total

Public Support

$436,286

Subtotal Support

$436,286

Gifts, grants, contributions, and membership fees received

$436,286

Tax revenues levied for the organization's benefit and either paid to or expended on its behalf

$0

The value of services or facilities furnished by a governmental unit to the organization without charge

$0

The portion of total contributions by each person (other than a governmental unit or publicly supported organization) that exceeds 2% of the total support

$0

Total Support

$616,032

Public Support

$436,286

Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources

$11,018

Net income from unrelated business activities, whether or not the business is regularly carried on

$0

Other income. Do not include gain or loss from the sale of capital assets

$168,728

Gross receipts from related activities, etc.

$34,391

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